Canadian North Resources Inc
Canadian Mining Exploration & Development Company
Canadian North Resources Inc. (CNRI) is a Canadian mining exploration and development company that owns 100% interest of the Ferguson Lake mining property in the Kivalliq Region of Nunavut, Canada. The property holds major base metals (“BM”; nickel, copper, and cobalt) and platinum group metals (“PGM”; palladium, platinum, and rhodium) mineral deposits held in 10 mining leases (96.9 square kilometres) and surrounding exploration claims (156.9 square kilometres), a total area of 253.8 square kilometers.
Investment Highlights
Source: * “Independent Technical Report, Updated Resource Estimate, Ferguson Lake Project, Nunavut, Canada” filed by Canadian North Resources to Sedar.com on May 6, 2024
Capitalization
Common Shares
Escrowed | 24,683,454 |
Restricted | 7,901,546 |
Free Trading | 89,844,163 |
Total Oustanding | 114,527,617 |
Warrants & Options
Options*** | 5,305,250 |
Fully Diluted Shares: | 119,832,867 |
Notes:
**Including 1,600,000 Options @ $2.45 expiring December 31, 2024;
711,698 Options @ $1.00 expiring April 4, 2027;
2,695,000 Options @ $1.92 expiring May 18th, 2027;
2,695,000 Options @ $1.92 expiring October 18, 2027;
650,000 Options @ $2.45 May 4th, 2028 ;
460,000 Options @ $2.35 expiring Aug.14, 2024 /Aug. 16, 2028.